Business

Analysis-Investors cling to shock-absorber trades as Iran war brings economic visibility to zero

Friday, March 6 by SRN News

By Amanda Cooper LONDON, March 6 (Reuters) - Some of the most crowded trades of the past year are emerging as the key shock absorbers for any potential market pain as war in the Middle East moves into a second week, bringing visibility over inflation... Read More.

Robinhood’s $658 million private markets fund for retail investors goes public

Friday, March 6 by SRN News

By Manya Saini March 6 (Reuters) - Robinhood debuted its flagship $658.4 million venture fund on the New York Stock Exchange on Friday, offering retail investors a rare chance to invest in high-profile, privately held technology companies. Private company investments have long been the playground of... Read More.

Wall St opens lower as Middle East turmoil, weak jobs report weigh

Friday, March 6 by SRN News

March 6 (Reuters) - Wall Street's main indexes opened lower on Friday as the conflict raging in the Middle East threatened to fuel inflation through higher energy costs and data showed the economy unexpectedly shed jobs in February. The Dow Jones Industrial Average fell 320.2... Read More.

Blue Owl has $48 million exposure to collapsed UK property lender, Bloomberg News reports

Friday, March 6 by SRN News

March 6 (Reuters) - Alternative asset manager Blue Owl has a 36 million pound ($48 million) exposure to Century Capital Partners Ltd, a London-based property lender that entered administration last month, Bloomberg News reported on Friday. The U.S. private-credit firm, which manages $307 billion in... Read More.

US dollar cuts gains after unexpected drop in February payrolls

Friday, March 6 by SRN News

(Corrects month to February in headline) NEW YORK, March 6 (Reuters) - The dollar trimmed gains against major currencies on Friday after data showed an unexpected decline in new jobs created in the world's largest economy last month, suggesting that the Federal Reserve could cut... Read More.

United Airlines warns fuel cost spike after Iran strike to hit quarterly results, CNBC reports

Friday, March 6 by SRN News

March 6 (Reuters) - United Airlines CEO Scott Kirby told CNBC on Friday that surging fuel prices following the U.S. and Israel's strike on Iran will have a "meaningful" hit on the carrier's first-quarter results, though travel demand remains resilient. Jet fuel prices have jumped... Read More.

Factbox-Top pharma companies racing to launch a weight-loss pill

Friday, March 6 by SRN News

March 6 (Reuters) - The global weight-loss drug market is entering a new phase, driven by the arrival of oral options, looming generic rivals and falling U.S. prices for blockbuster treatments from Eli Lilly and Novo Nordisk. The fast-changing landscape has prompted Wall Street to... Read More.

European firms navigate US tariff chaos post-Supreme Court ruling

Friday, March 6 by SRN News

By Matthias Inverardi, Emma Rumney, Christoph Steitz and Elisa Anzolin DUSSELDORF/LONDON/MILAN, March 6 (Reuters) - Since the U.S. Supreme Court knocked down some of President Donald Trump's key tariffs, European firms have been talking with U.S. clients, seeking legal advice on refunds and using a... Read More.

Maine’s catch of lobster declines again as high costs and climate change impact industry

Friday, March 6 by SRN News

PORTLAND, Maine (AP) - Maine's catch of lobsters declined for the fourth straight year, state fishing regulators said Friday, as the industry continued to grapple with soaring business costs, inflation and a changing ocean. The haul of lobsters, Maine's best known export and a key... Read More.

Retail sales fall modestly in January as American consumers pull back on spending

Friday, March 6 by SRN News

American consumers pulled back their spending to start 2026, extending the slump in retail sales that began late last year. Retail sales fell 0.2% in January following a flat reading in December. January's figure came in below the forecasts of economists, who were expecting another... Read More.

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Current Weather

Analysis-Investors cling to shock-absorber trades as Iran war brings economic visibility to zero

Robinhood’s $658 million private markets fund for retail investors goes public

Wall St opens lower as Middle East turmoil, weak jobs report weigh

Blue Owl has $48 million exposure to collapsed UK property lender, Bloomberg News reports

US dollar cuts gains after unexpected drop in February payrolls

United Airlines warns fuel cost spike after Iran strike to hit quarterly results, CNBC reports

Factbox-Top pharma companies racing to launch a weight-loss pill

European firms navigate US tariff chaos post-Supreme Court ruling

Maine’s catch of lobster declines again as high costs and climate change impact industry

Retail sales fall modestly in January as American consumers pull back on spending

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